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BoE seen hiking to 4% in first increase since 2023

Bloomberg ·
BoE seen hiking to 4% in first increase since 2023
  • A Bloomberg survey of 35 economists expects the Bank of England to deliver its first rate hike in over three years on Thursday.
  • All survey respondents, polled between Oct. 29 and Oct. 30, expect the rate to rise to 4% from 3.75%.
  • The 3.75% rate has been held for 11 months.

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